The Influence of Economic Activity on Income in the Regions of the Slovak Republic
The Influence of Economic Activity on Income in the Regions of the Slovak Republic

Author(s): Maria Vojtkova
Subject(s): Socio-Economic Research
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Equivalent disposable income; Economic activity; EU-SILC; Analysis of variance
Summary/Abstract: Household income is one of the important components for the quality of life of individuals in the household, while individuals satisfy their needs through it. This paper aims to assess the influence of the selected factor, namely economic activity, the member standing at the head of the household, on the equivalent disposable income of the household in the regions of the Slovak Republic, broken down according to NUTS3, using one-factor analysis of variance. Due to the non-fulfillment of the conditions for the use of parametric variance analysis, its modification using Welch’s variance analysis will be used. The starting source of data is data from the EU SILC sample survey on income and living conditions of households in Slovakia for the year 2021, while the analysis itself is carried out using the statistical tool SAS Enterprise Guide 7.1.

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